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Expansion Financial Services Coverage to SMEs through Microfinance Ins. WWB

The general objective of the project is to improve the quality and efficiency of financial services provided to microenterprises and small enterprises by introducing advanced technologies to the microfinance operations of WWB network affiliates in Colombia and the Dominican Republic. This will allow for increased efficiency in the loan process and will improve channels for distributing these services. Improvements in efficiency and productivity will translate to lower interest rates for low-income borrowers at participating institutions and more flexible products, designed to meet their needs.

Détail du projet

Pays

Colombie

Liés au Projet

CO-L1170

Date d'approbation

décembre 8, 2004

L'état du projet

Closed

Type de projet

Loan Operation

Secteur

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,900,000.00

Financement de contrepartie du pays

USD 0.00

Original Amount Approved

USD 1,900,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
87/MS-CO Non-Sovereign Guaranteed USD - Dollar américain MIF-Small Enterprise Investment Fund
Operation Number 87/MS-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - Dollar américain
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument:
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